Carret Asset Management, LLC
Firm details
- Headquarters
- New York, New York
- CRD number
- 131445
- Registered since
- May 17, 2004
- Website
- www.carret.com
- Custodians
- CHARLES SCHWAB & CO., INC., NATIONAL FINANCIAL SERVICES LLC, RELIANCE TRUST / FIS GLOBAL
- Fee structure
- Percentage of AUM, Performance Based Fees
- Client types
- Other Investment Advisers47.44%
- HNWI34.89%
- Individuals6.61%
- Corporations / Businesses6.49%
- Investment Companies3.72%
- Services
- Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Institutional Clients
Firm profile
FINTRXOverview
Carret Asset Management, LLC is an SEC-registered investment adviser formed in 2004 and organized as an LLC. The firm serves both individual and institutional clients, managing portfolios for individuals, small businesses, investment companies, and other business or institutional clients. Its compensation model combines a percentage-of-assets-under-management fee schedule with performance-based fees on certain mandates. Carret does not position itself as an ESG or pension consultant and is not described as a capital allocator in the source data. The firm has been recognized by CNBC’s Top 100 Financial Advisory Firms list for four consecutive years (2019–2022), reflecting public visibility among U.S. advisory firms.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities32%
- State & Local Bonds32%
- Investment Grade Corp Bonds19%
- US Government Bonds8%
- Non-Investment Grade Corp Bonds5%
Owners & executives
1 of 1
Marco Vega
President, Chief Operating OfficerCRD 2473202
Contacts
3 of 11
David Pearson
Senior Managing DirectorCRD 1011590
Brendan Devine
Porfolio ManagerCRD 6880893
Jason Graybill
Senior Managing DirectorCRD 2718603
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 81Active vs passive
$125M in ETFs
98%
$123M
0%
$2.2M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES RUSSELL 2000 ETF (IWM) | BlackRock | Passive | Small Blend | $9.4M | 38,001 | 7.54% |
Location
New York, NY
New York
Location
New York, NY
Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.
- Metro area
- New York-Newark, NY-NJ-CT-PA
- Region
- Northeast
- County
- New York
- Address
- 360 Madison Ave
- Time zone
- ET (UTC-5)
- Office locations
Similar firms
Bluerock Fund Advisor, LLC
RIANew York, NY
Palistar Capital LP
RIANew York, NY
Clover Credit Management, LLC
RIANew York, NY
Diameter Principal Finance LLC
RIANew York, NY
AEA Enterprise Partners Management LP
RIANew York, NY
Hill Path Capital LP
RIANew York, NY